Daily Archives: June 15, 2012

Chinese president arrives in Denmark for state visit in six decades

June 15, 2012
Chinese president arrives in Denmark for state visit in six decades

  COPENHAGEN, June 14 (Xinhua) — Chinese President Hu Jintao arrived here Thursday afternoon for a state visit to Denmark. Denmark rolled down red carpet for President Hu, the first Chinese head of state who ever visited the North European country since the two countries established diplomatic ties 62 years ago. Danish Queen Margrethe...

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China Rejects Sanctions as Syria Solution

June 15, 2012

China says it does not approve of using sanctions to address the crisis in Syria, a day after France’s foreign minister discussed possible measures to enforce a faltering cease-fire plan. Chinese Foreign Ministry spokesman Liu Weimin said Thursday his country objected to using pressure, and instead backed the efforts of international envoy Kofi Annan....

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China hits back at U.S. criticisms at WTO

June 15, 2012

GENEVA (Reuters) – China has rejected U.S. criticisms during a review of its trade policies at the World Trade Organization and used the occasion to suggest many U.S. accusations were not only groundless but in some areas hypocritical. U.S. Ambassador to the WTO Michael Punke leveled a wide-ranging salvo of criticisms during the two-day...

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All eyes on China’s manned space docking

June 15, 2012
All eyes on China’s manned space docking

China’s next high point in human space travel centers on a launch this weekend, with the planned Saturday liftoff marking a major milestone for the country’s space ambitions, according to state media reports and outside analysts. The three-person crew that will launch on China’s upcoming Shenzhou 9 docking mission is making final preparations to...

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China: US commercial properties? We buy those too

June 15, 2012
China: US commercial properties? We buy those too

Chinese investors’ appetite for US real estate knows no bounds it seems. Alongside Manhattan penthouse apartments, commercial developments such as hotels, office buildings and warehouses have also been at the receiving end of Chinese capital. According to Real Capital Analytics, mainland Chinese investors  poured $1.1bn into US commercial property in 2011, more than six times...

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How China’s Forced Abortion Policy Hits Two Women

June 15, 2012
How China’s Forced Abortion Policy Hits Two Women

This week in China two similar cases on the issue of forced abortions, which the U.S. deems an extreme human rights abuse, are unfolding with potentially very different outcomes. In the first case, the world was unaware of the abuse as it unfolded and nothing was done to stop it. In the second case,...

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China Steps Up Support for Parts of Housing Market

June 15, 2012

By ESTHER FUNG SHANGHAI — China has been supporting property purchases by certain buyers to meet genuine rather than speculative demand in the past few months, as Beijing seeks ways to stimulate consumption and ease credit to stave off a hard landing for the world’s second-largest economy. The government has encouraged banks to offer...

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China biomass tycoon leads deal to buy Saab

June 15, 2012

SHANGHAI — The Asian consortium planning to rescue Swedish automaker Saab Automobile from insolvency is led by a mainland Chinese alternative energy tycoon whose company has close ties with China’s State Grid electricity utility. Being linked to the acquisition of Saab’s car making assets could help bring the huge, state-owned utility a step closer toward...

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